The National Petroleum Authority (NPA) has issued a new directive for the first pricing window of February 2026. The regulator has effectively raised the minimum price levels (price
floors) at which petroleum products can be sold.
Covering the period from February 1 to February 15, the directive mandates that no Oil Marketing Company (OMC) or LPG Marketing Company (LPGMC) sell below these approved floors. The move is designed to prevent "predatory pricing" and promote market stability.
The new floors represent a significant shift from January. Industry watchers note that this policy ensures fairness, though it restricts the ability of low-cost leaders to offer deep discounts.
The New Pricing Thresholds
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Petrol: The floor has risen to GH¢9.99 per litre (up from GH¢9.80).
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Diesel: Pegged at a floor of GH¢10.95 per litre (up from GH¢10.47).
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LPG: Now carries a minimum price of GH¢9.05 per kilogram.
Major OMCs Adjust Pump Prices
Market leaders have already moved to comply with the February window. State-owned GOIL has expanded its discount network to 200 stations, matching the petrol floor at GH¢9.99.
Star Oil, which recently made headlines for exiting the Chamber of Oil Marketing Companies (COMAC) over this policy, is also retailing petrol at the mandatory GH¢9.99 floor. Other players, including Zen Petroleum and JP Oil, have been compelled to raise their rates from previous lows to remain compliant.
While COMAC supports the floor to prevent an industry "collapse," some companies argue it limits free-market competition. For now, consumers can expect more OMCs to adjust their pump prices upward to meet the new legal minimums.
The Bottom Line
Ghana's fuel price floors have officially increased for early February, forcing all OMCs to retail petrol at no less than GH¢9.99 and diesel at GH¢10.95 to end undercutting.
